Inventory is the life-blood of ecommerce sellers. You must have it on hand and be able to replenish it when needed in order to keep your business running. Tracking inventory, on the other hand, can be quite the tricky deal. To do this properly, it’s important to understand how to record inventory on your books, an area that many ecommerce sellers struggle with.
As an ecommerce accounting company, we are committed to a lot of things. We’ve built a strong foundation and we know why we do what we do. We guide entrepreneurs to financial freedom. As our group discussions progressed it became apparent that the way we do things was just as important as what we were […]
Are you receiving all the money owed to you by Amazon? How can you ensure that you are? In last week’s blog, we learned from Yoni Mazor of GETIDA about collecting FBA Reimbursements.
I recently joined forces with the folks at GETIDA to present back-to-back webinars on a topic I know interests all ecommerce business owners–Profits! As you read today’s blog, offered by Yoni Mazor of GETIDA, you’ll understand what I mean. This is exciting and I can’t wait to share more on Amazon Profits! How To Increase […]
This is the fourth and final installment of the 4-part blog series on profitability I recently did for Teikametrics.com, To wrap up our series, in this blog we take a look at the final three levers that are key to driving profits in your ecommerce business. If you missed the first three blogs, check them […]
In the third installment of the 4-part blog series on profitability I recently did for Teikametrics.com, I talk about the 5 key levers to driving profits for your business. Read on to learn about the first two identifiers. If you missed the first two blogs, check them out here!
This week is the second installment of the 4-part blog series on maximizing profits that I recently did for Teikametrics.com. If you missed the first one, check it out here! I’m excited to be participating in a Teikametrics webinar on February 16th. The topic is “Advanced Accounting Tips to Grow Profits for Your Ecommerce Brand.” […]
It’s been my pleasure recently to connect with the amazing folks at Teikametrics.com, a Marketplace Optimization Platform designed to optimize and grow your ecommerce businesses the smart and strategic way. So when they asked me to write a blog series for them on profitability, I was happy to oblige! The series is presented on their […]
Gross Margin is the one key metric that every business should monitor, even if they do nothing else. You need to understand if your Cost of Goods Sold and your Cost of Sales is less than your Total Sales by enough to fund your operation, pay yourself and your taxes and reward you as the […]
Just before the New Year, the new Consolidated Appropriations Act of 2021 was passed. My colleague and bookskeep financial advisor, Anna Popke of Majestic Oak Financial, summarized a few key aspects that ecommerce business owners need to keep in mind. So let’s get into the PPP loan info.
